Month: March 2015

Update on Proposed Tax Changes

Update on Proposed Tax Changes

Hello taxpayers and happy fall! As 2020 individual tax season has come to an end, changes to taxes affecting 2021 and beyond are here. We are closely following the many proposed tax changes that would happen locally as well as federally. See below for some of the...

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New Washington State Tax Bill

New Washington State Tax Bill

On May 4, 2021, Governor Jay Inslee signed into law Senate Bill (SB) 5096, a bill creating a new Washington state excise tax on the sale or exchange of certain capital assets. Beginning January 1, 2022, SB 5096 imposes a new tax at a rate of 7% of an individual’s...

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Tax Season is Coming!

Tax Season is Coming!

It's beginning to look a lot like taxes! What a year it has been so far. We hope that you have found ways to keep busy and find joy in the midst of it all. We at Taxman are forever grateful for our clients and their trust in our services! This year, we are also...

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2020 Year End Tax Planning

2020 Year End Tax Planning

At Taxman & Associates we are reviewing this past year and are amazed at the resilience of our community to come together and face the challenges that 2020 has brought us. We are very grateful to you, our clients, for being able to work with us during this time. What...

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6 Moves to Make Before the End of the Year

6 Moves to Make Before the End of the Year

Unless you’re the type who likes the stress of the last-minute tax scramble — and potentially missing out on tax savings — it’s worth squeezing in a little tax planning in the next few weeks between the ugly sweater parties and holiday work mixers. Of course, it’s...

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Managing Your Mortgage and Retirement

Managing Your Mortgage and Retirement

Here at Taxman & Associates, we want to make sure that you are managing your money in the smartest way possible. We all know that debt is something we would all like to be rid of, but how can we make sure that you are using your mortgage debt and cash on hand to...

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